NEW YORK - A jury ordered Johnson & Johnson to pay $55 million to a woman who said that using the company’s talc-powder products caused her to develop ovarian cancer. J&J is facing approximately 1,200 similar lawsuits.
SAN JUAN/NEW YORK Puerto Rico's Government Development Bank, the main funding source for the U.S. commonwealth's public agencies, said it reached a tentative restructuring deal with some major creditors hours after declaring it would skip a $422 million debt payment.
TOKYO A spate of high-profile scandals at leading Japanese companies show reforms and rhetoric aimed at improving the country's corporate governance do not go far enough to unwind the culture of secrecy and hierarchy that plagues Japan Inc.
A federal appeals court on Monday lifted a court order blocking Maricopa County Sheriff Joe Arpaio's use of workplace raids to enforce Arizona laws that make it a crime for illegal immigrants to use stolen identities to obtain work.
BOSTON/NEW YORK Billionaire investor William Ackman on Monday mounted a vigorous defense of Valeant Pharmaceuticals , ruling out any sale of the drug company's "crown jewel" assets but saying price cuts and even a new name may be in its future.
STUTTGART, Germany The NATO alliance is weighing rotating four battalions of troops through Eastern member states, U.S. Defense Secretary Ash Carter said on Monday, in the latest proposal by allies to guard against aggressive behavior by Russia.
BUENOS AIRES An Argentine court has asked a judge to look into accusations of illicit enrichment against leftist former President Cristina Fernandez, state press agency Telam reported on Monday.